Re:Exit Tax: Leave Germany before your business gets big
by jen20 on Friday August 08, 2025 @08:26AM
(#44836208)
> Should I be taxed on that gain immediately? Should I be forced to sell part of my property to cover it?
In much of the US, you made a loss, since your property taxes will go up the next year.
> I'd love to live in a world where the local tax assessor is obligated to purchase your property on demand for 80% of what they say it is worth -- surely they would jump at the chance to realize an instant profit, right?
In much of the US, you made a loss, since your property taxes will go up the next year.
> I'd love to live in a world where the local tax assessor is obligated to purchase your property on demand for 80% of what they say it is worth -- surely they would jump at the chance to realize an instant profit, right?
Absolutely.